Gasoline Could Face Supply Crunch, Oil Trader Vitol Warns
With oil refiners skewing their output toward diesel and jet fuel, they inevitably produce less of other petroleum products, including gasoline.
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With oil refiners skewing their output toward diesel and jet fuel, they inevitably produce less of other petroleum products, including gasoline.
Brent crude, the international standard, fell 5.2% to $105.45 per barrel. But gasoline rose 3 cents overnight to $4.56 a gallon, according to AAA.
Gasoline prices through Monday, vs. Brent. Why the divergence? Both prices are depicted using log scales. It’s clear it’s not a one-for-one relationship, but the gap is interesting...
For 75 years, petroleum has been the energy source that has powered the U.S. more than any other. That’s about to change.
Oil (Brent) prices down, and so too gasoline and diesel. But not back to pre-War. Figure 1: Brent avg of daily (black), regular gasoline (blue), and diesel (red), all in logs, 2/27...
The U.S. is increasingly reliant on the Middle East for the specific base oils that comprise most modern motor oils and lubricants.
(Oil & Gas 360) By Greg Barnett, MBA – For decades, the conventional economic narrative held that rising gasoline prices […]
Gasoline futures for July are under $3 per gallon and Oil is $76 per barrel. AAA Gasoline prices are almost under $4 per gallon.
While we call both of these two fossil fuel sources 'gas,' compressed natural gas and gasoline are two very different things with some interesting similarities.
By Chris Isidore, CNN (CNN) — Gasoline prices are up more than 50% since the start of the war in Iran. Can average Americans protect themselves from those higher costs? Not complet...
(Oil & Gas 360) By Greg Barnett, MBA – Less than eighty years after the Declaration of Independence announced the […]
So in appears that in 2018 Peak Production of Gasoline occurred at 111,901 thousand barrels for the year. Then of course Covid occurred which caused massive demand destruction on 2...
Plus, the unique challenges and opportunities of digging for gold in the Canadian Arctic
Nations and companies can more easily and quickly divert petroleum shipments to hot spots thanks to modern technology.
Petrol Price has fallen by up to ₦167 per litre as crude oil declines and more reductions is expected tjhis week.  NewsOnline Nigeria reports that the pump price of Premium Mot...
Oil and gas supply chains occupy a distinctive position in global commerce. They are simultaneously physical, financial, industrial, and geopolitical systems. A production basin, p...
Oil and gas is commonly described in terms of commodities, prices, reserves, and production volumes. Those measures still matter. But they do not fully describe the operating reali...
Demand for oil and gas will continue to grow significantly amid strong demand for reliable and affordable energy sources, OPEC said
The ignorance of the “energy ILLITERATE” leaders is shocking, as they NEVER explain how the “energy” from wind turbines and solar panels can provide TRANSPORTATION FUELS: jet fuel...
Financially, the more biofuel that is produced, the lower gas prices will stay. But there are high costs beyond what you see on gas station signs.
ایک وقت میں تیل کی قیمتیں چار سو روپے فی لیٹر سے بھی اوپر چلی گئی تھیں
The world is not dependent on natural fossil fuels, as no one uses “raw” crude oil that is only black tar, BUT has become dependent on the products and transportation fuels MADE FR...
Gasbuddy on current gasoline prices: So, even as spot oil prices declined, current gasoline prices rose (since 7/5). Front month gasoline futures (NYMEX, RBOB) show that expected f...
Tulsa was once known as the oil capital of the world, with petroleum production beginning even before statehood. But it is a town 45 miles north of Tulsa where Oklahoma's oil domin...
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